LiveLawBiz IBC Weekly Digest: July 13

SUPREME COURT Pre-2016 DRT Recovery Certificate Cannot Trigger Insolvency Under Presidency Towns Insolvency Act: Supreme Court Case Title : H.D.F.C. BANK LIMITED VERSUS KISHORE K. MEHTA (DEAD) THR. LRS. Case Number : CIVIL APPEAL NO. 4211 OF 2010 CITATION : 2026 LLBiz SC 234 The Supreme Court on Monday held that a recovery certificate issued…

Mor Cross Transport Services left £1.1m debts

Mor Cross Transport Services entered creditors’ voluntary liquidation in December. The company’s nature of business is given as freight transport by road, and the notice is categorised as a corporate insolvency appointment of liquidators. Statement of affairs published onto Companies House has revealed Mor Cross Transport Services has £1,126,411 of debts to settle with creditors.…